Finance calculators

VAT calculator

Add VAT to a net price or remove it from a gross price at any rate, including GST.

Inputs

Results

Methodology

Conventions

  • Add: the amount is net of VAT. Remove: the amount already includes VAT.

References

  • HMRC VAT Notice 700
  • EU VAT Directive 2006/112/EC

Formulas

Add VAT
\text{gross} = \text{net} \cdot (1 + v)
Remove VAT
\text{net} = \text{gross} / (1 + v)